[Code of Federal Regulations]
[Title 29, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR794.111]

[Page 748-749]
 
                             TITLE 29--LABOR
 
         CHAPTER V--WAGE AND HOUR DIVISION, DEPARTMENT OF LABOR
 
PART 794_PARTIAL OVERTIME EXEMPTION FOR EMPLOYEES OF WHOLESALE OR BULK 
 
Subpart B_Exemption From Overtime Pay Requirements Under Section 7(b)(3) 
                               of the Act
 
Sec. 794.111  General characteristics of the statutory enterprise.

    As defined in the Act, the term ``enterprise'' is roughly 
descriptive of a business rather than of an establishment or of an 
employer although on occasion the three may coincide. The enterprise, 
however, is not necessarily coextensive with the entire business 
activities of an employer. The enterprise may consist of a single 
establishment

[[Page 749]]

which may be operated by one or more employers; or it may be composed of 
a number of establishments which may be operated by one or more 
employers. On the other hand, a single employer may operate more than 
one enterprise. The Act treats as separate enterprises different 
businesses which are unrelated to each other and lack any common 
business purpose, even if they are operated by the same employer.

         ``Independently Owned and Controlled Local Enterprise''